National News

Oct 11, 2018

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2:21PM

Income Tax department raids media baron Raghav Bahl's premises

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The Income Tax Department searched media baron Raghav Bahl's home and office today in connection with a case of alleged tax evasion. According to officials, a team of I-T sleuths raided Bahl's premises in Noida early morning and are looking for documents and other evidence related to a case of bogus long-term capital gains received by various beneficiaries.

Apart from Bahl, three other beneficiaries J Lalwani, Anoop Jain and Abhimanyu, are also being searched as part of the same action. Officials said their business links to offshore entities are being investigated. Bahl is the founder of the Quint news portal and the Network-18 group.